How To Make Money Online Series
ByMaking Money Online With Joint Ventures
Series Article 10
JV stands for joint venture and means exactly that, partnering with someone to promote each others products. Say you have a new product or service that you are offering, you want to find a person who has a client list that is a good match and offer your product or service to them to promote. In return, you would offer the same. For instance, if your product is a new toy for preschoolers, then you might want to ask local daycare centers if they would allow you to mail to their client base and in return, you would recommend them to your clients. Naturally each party would be paid for each referred sale. Yes you are giving away some of your profit, however, the prospect list is the very demographic that you are looking for. Likewise, when you sell their product, they are giving some of their profit to you. The internet is an excellent source for JV partners, it has many web sites such as onlinejvpartners.com devoted exclusively to finding partners. Once you find a potential match, you then approach those people who have the client list and pitch your product and the deal. This may seem a bit scary at first, but it is well worth the time and effort when you find the right JV partner. I know from experience that the potential profit you can generate from access to an established list of just 1500 people could be worth tens and hundreds of thousands of dollars.
Some good JV resourese are;
http://ezinearticles.com/?7-Ways-to-Find-Joint-Venture-Partners-For-Your-Niche-Product&id=1878140
http://www.jvnotifypro.com/
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